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2605 Lake
Single Family Cash-flow positiveWithin your budget

2605 Lake

2605 Lake, Altadena, CA

2 beds 2 baths 864 sqft

Beautiful Model Home waiting to help all those in Altadena who need an affordable solution for their new home.

List price

$194,400

Est. monthly rent

$2,600

DSCR1.81×

Lender minimum: 1.25×

Monthly cash flow

$829

Cash-on-cash return

17.06%

Down payment (25%)$48,600
Closing costs (5%)$9,720
Total cash needed$58,320
Loan amount (75%)$145,800
Monthly mortgage (7.50%, 30yr)$1,019
Annual property taxes$2,430
Insurance, vacancy, mgmt.$6,588
Net operating income (yr)$22,182
Gross yield16.05%

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DSCR Property Finder is not a lender and does not make loans or credit decisions. We are an informational platform that helps real-estate investors evaluate properties and connect with independent DSCR lenders. All loan terms, interest rates, down-payment requirements, and approvals are determined solely by the lender. Figures shown on this site are estimates for illustration only and are not a commitment to lend. When you request pre-approval, we will connect you with a licensed lender who will contact you directly to start the process. Consult a licensed lender for actual terms.